Gautam Adani is an Indian billionaire businessman. He is the Chairman and founder of Adani Group that deals with various sectors. Businesses include coal trading, coal mining, oil gas exploration, gas distribution, power generation and transmission.
Also, ports, logistics, agriculture and edible oils. Gautam Adani is known to be very close with the Indian Prime Minister Narendra Modi. Modi had offered Adani several big projects which came into question when Modi was Gujarat’s Chief Minister.
Adani has made himself much due to the credit of Narendra Modi as Modi is pro industrialist and Adani has earned much due to his projects in Gujarat.
Early Life and Education
Gautam Shantilal Adani was born on 24th June 1962 in Ahmadabad, Gujarat, India to a Jain family. His parents were Shantaben and Shantilal Adani. He finished schooling from Seth C.N. Vidyalya School, Ahmadabad. He left after 2 years without completing Bachelor’s degree in Commerce from Gujarat University. He worked as a diamond sorter at Mahindra Bros for two years. He set up his own diamond brokerage in Mumbai but returned to Ahmadabad. He worked with his brother in his plastic factory.
Gautam is married to Priti Adani, who is a dentist and heads the Adani Foundation as a managing trustee. The couple has two sons namely Karan and Jeet.
Wife of Gautam
Priti Adani is a dentist and heads Adani Foundation as a Managing Trustee. They have two sons namely Karan Adani who is the elder of the two and is married to Paridhi Shroff, the daughter of Cyril Shroff, arguably the biggest name in India’s corporate law terrain and Jeet Adani is their younger son.
Eldest Son
Karan Adani is the eldest son of Gautam and Priti Adani. He holds an economics graduate degree from Purdue University, the USA. His father is the Chairman of Adani Group.
Karan was appointed as the CEO of the Adani Ports and SEZ (APSEZ) with effect from January 1, 2016. Karan had been looking after the development of Adani ports across India since 2009.
Brothers
Vinod Adani is an Indian businessman, elder brother of Gautam Adani and the head of the Adani Group. His parents were Shantilal and Shanta Adani. Vinod is the Founder and Chairman, V. R. Textile. Vinod is the director of Trident Trade and Investment Private Ltd, Pride Trade and Investment Private Limited. He directs Radiant Trade and Investment Pvt Ltd, Ventura Trade & Investment Private Limited, Adani Power Pte Ltd. Vinod directs Adani Shipping Pte Ltd, Adani Power (Overseas) Limited, Adani Global Limited, Adani Enterprises Ltd. Vinod directs Adani Global FZE and Adani Bunkering Pte Ltd. He lives in his residence in Ahmedabad, Gujarat, India. Vinod is married to Ranjanben Adani.
Brother
Mansukhbhai, elder brother of Gautam, influenced him to become a global trader. In 1981, he bought a plastic unit in Ahmedabad and asked Gautam to run it. Gautam learned valuable lessons importing raw material Polyvinyl Chloride (PVC) for plastics.
Net Worth of Gautam Adani
Gautam Adani is net worth $6.3 Billion. He is the owner of two Ports namely Adani Ports and SEZ. These are currently managed by his son Karan as the CEO. According to Forbes magazine, there was a discrepancy in Adani’s coal-mining project in Queensland. In August, the federal court dismissed the legal issue by an environmental group. However, it had been approved by the Government. In India, Adani is expanding into solar power projects in Tamil Nadu, Gujarat and Rajasthan. Adani group wishes to create solar panels yet, it has not found the correct technology partner.